Trey Murphy III Trade to IND

Trade details

Pacers acquire

• Trey Murphy III

Pelicans acquire

• Obi Toppin

• Bennedict Mathurin

• Johnny Furphy

• 2029, 2031 IND unprotected firsts

• 2030 IND swap best first

Herb Jones Trade to PHI

Trade details

76ers acquire

• Herb Jones

• Jordan Hawkins

• Pick 7 (via NO)

Pelicans acquire

• Kelly Oubre Jr.

• Andre Drummond

• Pick 3 (via PHI)

• 2029 PHI/LAC swap best first

CJ McCollum Trade to ORL

Trade details

Magic acquire

• CJ McCollum

Pelicans acquire

• Kentavious Caldwell-Pope

• Gary Harris

• Cory Joseph

• Pick 16 (via ORL)

NBA Draft

• Pick 3 (via PHI): SF/PF Ace Bailey, Rutgers

• Pick 16 (via ORL): SF Liam McNeeley, UConn

Free agency

• Release PF Zion Williamson

• Decline the team options of PG Elfrid Payton & SG Brandon Boston Jr.

• Release SG Gary Harris

2025-26 Pelicans starting lineup

1. PG Jose Alvarado

2. SG Bennedict Mathurin

3. SF Ace Bailey

4. PF Obi Toppin

5. C Yves Missi

2025-26 Pelicans bench

1. PG Cory Joseph

2. SG Kelly Oubre Jr.

3. SF Liam McNeeley

4. PF Karlo Matkovic

5. C Kelly Olynyk

2025-26 Pelicans reserves

• Andre Drummond, Johnny Furphy, Antonio Reeves, Kentavious Caldwell-Pope, Dejounte Murray (injured- Achilles)

Pelicans future first round picks

• 2026: Best of Own/MIL, IND

• 2027: Best of Own/MIL

• 2028: Own

• 2029: Own, IND, best of PHI/LAC

• 2030: Best of Own/IND

• 2031: Own, IND

• 2032: Own